The overall distributed temperature sensing (DTS) market was valued at USD 484.7 Million in 2015 and is expected to reach USD 811.5 Million by 2022, at a CAGR of 7.66% between 2016 and 2022. This report provides the size and future growth prospects of the DTS market across different segments such as operating principle, fiber type, application, and geography. The study identifies and analyzes the market dynamics such as drivers, restraints, opportunities, and industry-specific challenges. It also profiles the key players operating in the DTS market. Factors such as the rising demand for DTS systems for monitoring purposes in harsh working conditions, high reliability because of the wide coverage of DTS systems, and need for improved safety systems are expected to propel the growth of the overall DTS market. The base year considered for the study is 2015 and the market size forecast is provided for the period between 2016 and 2022.

The research methodology used to estimate and forecast the DTS market begins with capturing data on key vendor revenues through secondary research. The secondary sources include annual reports; press releases; investor presentations of companies; white papers; journals & certified publications; and articles from recognized authors, websites, directories, and databases; among others. The vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the size of the overall DTS market from the revenue of the key players in the market. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have been verified through primary research by conducting extensive interviews with key experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primary respondents has been depicted in the below figure.

The DTS market has been covered in detail in this report. To provide a holistic picture, the current market demand and forecasts have also been included in the report. The DTS market has been segmented, as follows:

By Operating Principle:

Optical time domain reflectometry (OTDR)

Optical frequency domain reflectometry (OFDR)

By Fiber Type:

Single-mode fiber

Multi-mode fiber

By Application:

Oil & gas

Upstream

Downstream

Power cable monitoring

Fire detection

Process & pipeline monitoring

Environmental monitoring

By Geography:

Americas

North America

South America

Europe

Asia-Pacific (APAC)

Rest of the World (RoW)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the companys specific needs. The following customization options are available for the report:

Market size for 2017, 2019, and 2021 for segments such as operating principle, type, application, and geography

Company information: Detailed analysis and profiling of additional market players (Up to 5)

According to MarketsandMarkets forecast, the overall distributed temperature sensing (DTS) market was valued at USD 484.7 Million in 2015 and is expected to reach USD 811.5 Million by 2022, at a CAGR of 7.66% between 2016 and 2022. The growth of this market is driven by the rising demand for DTS systems for monitoring purposes in hostile working conditions wherein humans cannot reach, high reliability of DTS systems as they can be deployed over long distances, and increasing need for improved safety systems.

This report covers the DTS market based on operating principle, fiber type, application, and geography. The market for optical time domain reflectometry (OTDR) operating principle-based DTS systems held the largest size of the market in 2015. In terms of fiber type, multi-mode fibers held the largest size of the DTS market in 2015, and the market for these fibers is expected grow at the highest growth rate during the forecasting period.

The oil & gas applications are expected to hold the largest size of the DTS market during the forecast period. The DTS technology has become an integral part of the oil & gas industry. It helps in continuous, real-time downhole monitoring to optimize the operational and economic performances of the assets. This enables the reservoir engineers to gain a better understanding of the injection and production dynamics and accordingly optimize the production and improve recovery leading to improved profits. Hence, there is an increasing focus on adopting the technology for improving the productivity of brownfield operations. The analysis of the data collected by the DTS system can provide additional information on the behavior of the wells such as the flow volume within a particular section of the wells.

The overall DTS market in APAC is expected to grow at the highest rate between 2016 and 2022. The increased demand for DTS systems in the oil & gas and power transmission sectors and the presence of major players in this region are the two crucial factors driving the market growth in APAC. Rest of the World (RoW) held the largest share of the DTS market in 2015. The Countries in the Middle East are responsible for the largest production of crude oil in the world; the increasing use of DTS systems for various oil and gas applications is driving the growth of DTS market in this region. With the increasing global demand for energy, the oil & gas industries in the Middle East & Africa are also going through changes and are increasingly incorporating innovative technologies in their processes and operations.

The major challenges faced by the companies in the market include the lack of utilization of the data gathered by DTS systems and technical difficulties pertaining to the installation and working of the DTS systems. The major vendors in the DTS market include Halliburton Company (U.S.), Sensornet Ltd. (U.K.), Furukawa Electric Co., Ltd. (Japan), Schlumberger N.V. (U.S.), Omnisens SA (Switzerland), Yokogawa Electric Corp. (Japan), Weatherford International PLC (Switzerland), Sumitomo Electric Industries Ltd. (Japan), Omicron Electronics GmbH (Austria), Tendeka B.V. (U.K.), AP Sensing GmbH (Germany), GESO (Germany), LIOS Technology GmbH (Germany), and Bandweaver Technologies (China). These players have adopted various strategies such as new product developments, mergers, partnerships, collaborations, and expansions to cater to the needs of their customers.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Figure 1 Markets CoveredFigure 2 DTS Market: Research DesignFigure 3 Data TriangulationFigure 4 Research FlowFigure 5 DTS Market (20142022)Figure 6 DTS Market for Fire Detection Applications to Grow at the Highest Rate Between 2016 and 2022Figure 7 Multi-Mode Fibers to Dominate the DTS Market During the Forecast PeriodFigure 8 DTS Market for OTDR Operating Principle to Grow at the Highest Rate Between 2016 and 2022Figure 9 RoW Held the Largest Share of the DTS Market in 2015Figure 10 DTS Market Expected to Grow at A Significant Rate Between 2016 and 2022Figure 11 Multi-Mode Fibers to Lead the Overall DTS Market By 2022Figure 12 Oil & Gas and Power Cable Monitoring to Hold A Significant Size of the DTS Market Between 2016 and 2022Figure 13 OTDR to Hold the Largest Size of the DTS Market Between 2016 and 2022Figure 14 RoW Expected to Hold the Largest Share of the DTS Market in 2016Figure 15 Middle East Expected to Hold the Largest Share of the DTS Market in 2016Figure 16 RoW to Dominate the DTS Market Between 2016 and 2022Figure 17 DTS Market, By RegionFigure 18 Automation of Monitoring Systems in Harsh Working Environments Expected to Drive the Growth of the DTS MarketFigure 19 Total Recordable Incident Rate Per 200,000 Hours Worked has Reduced Drastically From 2011 to 2015Figure 20 Value Chain Analysis of the DTS MarketFigure 21 Overview of Porters Five Forces Analysis of the DTS Market (2015)Figure 22 DTS Market: Porters Five Forces Analysis (2015)Figure 23 Threat of New Entrants Had A Medium Impact in 2015Figure 24 Threat of Substitutes Had A Low Impact on the Market in 2015Figure 25 Bargaining Power of Suppliers Had A High Impact in 2015Figure 26 Bargaining Power of Buyers Had A Medium Impact in 2015Figure 27 Intensity of Competitive Rivalry Had Medium Impact in 2015Figure 28 OTDR to Lead the DTS Market Between 2016 and 2022Figure 29 Market for OTDR-Based DTS Systems for Fire Detection Applications to Grow at the Highest Rate Between 2016 and 2022Figure 30 OFDR-Based DTS Systems for Oil & Gas Application to Hold the Largest Market Size During the Forecast PeriodFigure 31 Market for Multi-Mode Fiber-Based DTS Systems to Grow at the Highest Rate Between 2016 and 2022Figure 32 Single-Mode Fiber-Based DTS Systems for Oil & Gas Applications Expected to Hold the Largest Market Size Between 2016 and 2022Figure 33 Market for Multi-Mode Fiber-Based DTS Systems for Fire Detection Applications to Grow at the Highest Rate Between 2016 and 2022Figure 34 DTS Market for Fire Detection Applications to Grow at the Highest Rate During the Forecast PeriodFigure 35 Middle East to Hold the Largest Size of the DTS Market for Oil & Gas Applications in RoW Between 2016 and 2022Figure 36 DTS Market for Power Cable Monitoring Applications in India to Grow at the Highest Rate During the Forecast PeriodFigure 37 Rest of Europe Expected to Hold the Largest Size of the DTS Market for Fire Detection Applications in Europe Between 2016 and 2022Figure 38 DTS Market for Process & Pipeline Monitoring Applications in Canada to Grow at the Highest Rate During the Forecast PeriodFigure 39 DTS Market for Environmental Monitoring Applications in RoW to Grow at the Highest Rate Between 2016 and 2022Figure 40 Geographic Snapshot of the DTS Market (20162022)Figure 41 U.S. Led the Total Petroleum and Other Liquids Production in 2015Figure 42 Snapshot of the DTS Market in the AmericasFigure 43 DTS Market in the U.S. to Grow at the Highest Rate Between 2016 and 2022Figure 44 Oil & Gas Applications to Hold the Major Size of the DTS Market in Canada Between 2016 and 2022Figure 45 DTS Market for Fire Detection Application to Grow at the Highest Rate in Argentina During the Forecast PeriodFigure 46 Oil & Gas Applications to Hold the Largest Size of the DTS Market in Russia During the Forecast PeriodFigure 47 DTS Market in the Middle East to Grow at the Highest Rate Between 2016 and 2022Figure 48 Snapshot of the DTS Market in the Rest of the World (RoW)Figure 49 Partnerships/Agreements/Collaborations Emerged as the Key Growth Strategies Between 2011 and 2016Figure 50 Market Evolution Framework Partnerships, Agreements, and Collaborations Were the Major Strategies Adopted By Key Players (20112016)Figure 51 Battle for Market Ranking: Partnerships, Agreements, & Collaborations Were the Key Growth StrategiesFigure 52 Geographic Revenue Mix of the Major Market Players (2015)Figure 53 Schlumberger N.V.: Company SnapshotFigure 54 Schlumberger N.V.: SWOT AnalysisFigure 55 Halliburton Company: Company SnapshotFigure 56 Halliburton Company: SWOT AnalysisFigure 57 Yokogawa Electric Corporation: Company SnapshotFigure 58 Yokogawa Electric Corporation: SWOT AnalysisFigure 59 Weatherford International PLC: Company SnapshotFigure 60 Weatherford International PLC: SWOT AnalysisFigure 61 Sumitomo Electric Industries Ltd.: Company SnapshotFigure 62 Sumitomo Electric Industries Ltd.: SWOT AnalysisFigure 63 Furukawa Electric Co., Ltd.: Company Snapshot

Request for detailed methodology, assumptions & how numbers were triangulated.

Please share your problem/objectives in greater details so that our analyst can verify if they can solve your problem(s).